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Panattoni gets €23 million of financing from PKO Bank Polski
Panattoni has been granted bank financing for Panattoni Park Zgierz. PKO Bank Polski issued the €23.3 million loan.
“Due to its superb location near the country’s main communication routes, Panattoni Park Zgierz has huge potential for logistics both on a national and an international scale”, says Karina Trojańska, Chief Financing & Operating Officer at Panattoni.
The project is being developed in stages, the first of which comprising 52,900 sqm has already been completed and leased out to three tenants. The complex will undergo BREEAM certification for a rating of Excellent.
CTP acquires land for expansion of CTPark Warsaw West
CTP has purchased an 85,000 sqm investment plot near Warsaw. The acquisition will allow the company to expand the CTPark Warsaw West complex and is a response to the strong business interest in locating logistics and production operations in the wider Mazowieckie Voivodship.
JLL was responsible for coordinating the purchase.
“CTPark Warsaw West is the largest investment in our Polish portfolio, and thanks to the acquisition of further land we will ultimately enlarge it to 279,000 sqm,” explains Bogi Gabrovic, Director of Client Relations & Corporate Affairs at CTP Polska.
Newgate Investment buys retail park in Bielsko-Biała
Redkom Development has sold a retail park in Bielsko-Biała to Newgate Investment. The retail park is scheduled to open in Q4 2024 and provide the market with 17,000 sqm of GLA. “We are delighted to enter into a partnership with Newgate Investment. This will be an exceptionally strong project and a strong retail destination for the entire region,” says Łukasz Komierowski, CEO of Redkom Development.
“The new retail park, which is being built in Bielsko-Biala as part of our expanding network of facilities under the Comfy Park brand, will provide local markets with a rich retail and service offer,” says Krystian Modrzejewski, Investment Director at Newgate Investment.
Falcon plans expansion of Kłodzko shopping park
Falcon Investment Management, the new owner of the Kłodzko Shopping Park, is planning its expansion. “The acquisition of Kłodzko Shopping Park from P.A. NOVA was a well-thought-out decision. We have gained another well-functioning and popular shopping park with potential expansion and enhancement,” says Piotr Piechocki, CEO of Falcon Investment Management.
The new project will first undergo rebranding and join Falcon Investment Management’s OTO Parks brand. The opening of the new section is planned for 2025.
